U.S. Energy Department

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March 12, 2014

Diesel Price Outlook Revised Slightly Upward

Diesel fuel prices, which averaged $3.92 per gal in 2013, are projected to average $3.85 this year.

February 11, 2014

DOE Projects Fuel Prices to Continue to Drop

The U.S. Energy Department projects lower prices for diesel fuel this year and in 2015 compared to the average cost in 2013, according to its just-released Short-Term Energy Outlook.

January 7, 2014

Average Fuel and Oil Costs Forecast to be Lower in 2014

Expect the cost of on-highway diesel to average $3.81 per gallon this year, 11 cents less than 2013’s average price. The new monthly U.S. Energy Department Short-Term Energy Outlook is calling for the price to be even less in 2015, averaging $3.72 per gallon.

December 16, 2013

Long-Term Fuel Prices to Grow Slowly, Natural Gas Demand Weaker Than Earlier Forecast

Fuel prices in the future may not be as high as some earlier feared, according to updated projections for U.S. energy markets through 2040, but natural gas is expected to grow, just not as rapidly as earlier believed.

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